Summary Info	About the application approval to CMB regarding the ceiling of debt securities issuance
Update Notification Flag	Yes
Correction Notification Flag	No
Postponed Notification Flag	No

Authorized Member Decision Date	15.05.2025
Issue Limit	50.000.000.000
Currency Unit	TRY
Issue Limit Security Type	Debt Securities
Sale Type	Public Offering-Private Placement-Sale To Qualified Investor
Domestic / Oversea	Domestic
Capital Market Board Application Date	26.05.2025
Capital Market Board Application Result	APPROVAL
Capital Market Board Approval Date	25.06.2025
Expiry Date of Issue Limit	26.06.2026
Issue Date Of Prospectus	25.06.2025

Additional Explanations

Reference: VakıfBank Public Disclosure Dated May 27, 2025 It was announced with the referred disclosure that the applications to the CMB and the Borsa Istanbul A.S. to issue of bank bonds with different maturities and in one or more issuances within the issuance ceiling of Turkish Lira-denominated bonds up to 50,000,000,000-TL for the debt instruments. In this context, it was announced in the Capital Markets Board's Weekly Bulletin dated 25.06.2025 and numbered 2025/35 that our Bank's application for a debt instrument issuance ceiling of TRY 50,000,000,000 has been approved. According to CMB legislation, in case of a contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.